ETS threatens viability of $400m plant, says cement maker
5 May 2008
The emissions trading scheme threatens the viability of a planned $US400 million cement plant which would actually reduce overall greenhouse-gas emissions, warns cement manufacturer Holcim New Zealand.
While the company says it is an enthusiastic supporter of emissions trading as a way of reducing greenhouse gases, it fears the impact that the scheme proposed for New Zealand might have on its business plans.
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Story copyright © Carbon News 2008
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